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Korea has done an amazing job so far and is still doing well

Machine translated

It is uncertain whether they will continue to do well in the future, but
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looking at the GDP/median income ratio, Korea is in quite good shape.
As a bad example, there is Taiwan, which is making a lot of noise about having surpassed Korea in GDP, but their median income is only slightly more than half of Korea's..
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To make people actually feel the effects of economic growth, you must not let fixed expenditures increase,
and this is another area where Korea has done quite well.
In terms of fixed expenditures, Korea is a representative example of keeping costs low.
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A decade or so ago, there was a lot of talk about elderly poverty,
but that has largely disappeared lately.
Of course, they are still poor, but they have escaped the situation of absolute poverty.
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In truth, even though we criticize Korea constantly,
from a global perspective, it is a country that has done, and continues to do, an exceptionally good job.
Of course, no one knows what the future holds lol

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